Group Loan



MOHANOKOR Microfinance Institution Plc aims to provide group loan to small-scale business clients and be able to increase income to improve their living standard.


Products Features

  • You are able to get loan as KHR and THB
  • Interest rate 1.5%
  • Loan size up to KHR 3,000,000 or 30,000THB
  • Loan period 03months to 18 months

Benefits for customers

  • Reasonable interest rate, calculated based on outstanding balance.
  • No physical collateral requirement
  • Repayment can be done at office, home and transfer agents
  • Next loan is able to get more than previous

Requirements

  • Be a majority aged 18 to 65 years old
  • Group members from 2 to 6 families.
  • Permanent resident
  • Legal business and specific income sources
  • Identification documents such as Identification card, Family book, Resident book, Passport or business identification document, etc.

How to Apply?

To get a group loan to meet your needs, you just follow these simple steps:

  • Call 1800-20-6666 to ask for more information
  • Appoint a staff of MOHANOKOR Microfinance Institution Plc or contact with the Village Credit Committee in your area.
  • Apply for a loan by specifying the amount and term of a loan that it fitted to your needs.
  • Agreed to provide the necessary documents required by the MOHANOKOR Microfinance Institution Plc.
  • Agreed terms and conditions

Credit Products Fee Charge:

  • 1. Admin Fee 1%-8% per loan
  • 2. Credit Fee 1%-1.5% per loan
  • 3. Others Monthly Fee 0.5%-1.5%
  • 4. Monthly Collecting Fee 0.5%-1% (Payment to Key Person)
  • 5. The interest rate is based on the principal of loan balance

Noted:

All credit products payment the customer would pay with MOHANOKOR’s office or transferring agency without fee charged.